Search results for 'OIL'

No Immediate Plan to Hike Petrol, Diesel Prices: Oil Min

No Immediate Plan to Hike Petrol, Diesel Prices: Oil Min

Rediff.com23 Apr 2026

The Indian government has refuted claims of an impending Rs 25-28 per litre hike in petrol and diesel prices post-assembly elections, stating no such proposal is under consideration by the Ministry of Petroleum and Natural Gas.

Oil Shock Triggers Rs 1.1 Trillion FPI Exits

Oil Shock Triggers Rs 1.1 Trillion FPI Exits

Rediff.com21 Apr 2026

'FPIs are unlikely to return unless there is equilibrium between valuation premium and earnings growth.'

Interstate Gang Busted With Hash Oil Worth Rupees 2.5 Crore

Interstate Gang Busted With Hash Oil Worth Rupees 2.5 Crore

Rediff.com21 Apr 2026

Police in Warangal, India, have arrested four members of an interstate gang and seized 20 kg of hash oil worth Rs 2.5 crore. The gang, hailing from Odisha and Andhra Pradesh, was apprehended near the Warangal bus stand while allegedly preparing to leave for Mumbai with the contraband.

Reliance navigates volatile oil markets with agile sourcing, operational tweaks

Reliance navigates volatile oil markets with agile sourcing, operational tweaks

Rediff.com27 Apr 2026

India's largest private refiner, Reliance Industries Ltd, successfully navigated a volatile energy market in the last quarter of FY26 by diversifying crude sourcing and demonstrating operational agility, particularly in response to geopolitical disruptions and cost fluctuations.

Trump calls off Iran strikes hours after threat; cites breakthrough in talks

Trump calls off Iran strikes hours after threat; cites breakthrough in talks

Rediff.com1 days ago

Hours after warning that the United States could strike Iran "very hard tonight", President Donald Trump announced to halt planned military action, despite earlier threats to target Kharg Island and other key Iranian oil facilities.

Stock Markets Today: Sensex, Nifty Rally on US-Iran Peace Deal

Stock Markets Today: Sensex, Nifty Rally on US-Iran Peace Deal

Rediff.com1 days ago

Indian benchmark indices Sensex and Nifty surged significantly in early trade, tracking a global rally fueled by US President Donald Trump's declaration of an end to the war with Iran and a subsequent drop in crude oil prices.

5 Of The World's Largest Oil Refineries

5 Of The World's Largest Oil Refineries

Rediff.com7 Apr 2026

Oil processing facilities form the foundation of the worldwide energy sector, converting crude petroleum into essential fuels such as petrol, diesel, aviation fuel and various petrochemical products.

One Indian oil tanker crosses Hormuz, four others turn back

One Indian oil tanker crosses Hormuz, four others turn back

Rediff.com18 Apr 2026

One Indian oil tanker successfully crossed the Strait of Hormuz, while others turned back after Iran signalled the waterway's closure, amidst rising tensions and disruptions to global energy flows.

Stock markets today: Sensex, Nifty climb on buying in blue-chips

Stock markets today: Sensex, Nifty climb on buying in blue-chips

Rediff.com3 days ago

Indian benchmark indices Sensex and Nifty climbed in early trade, driven by buying in blue-chip stocks like Reliance Industries and ICICI Bank, alongside a notable cooling in crude oil prices.

Stock Markets Today: Sensex, Nifty50 in Red as Oil Price Surge above $120 per Barrel

Stock Markets Today: Sensex, Nifty50 in Red as Oil Price Surge above $120 per Barrel

Rediff.com30 Apr 2026

Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, driven by a sharp surge in crude oil prices above USD 120 per barrel, weak global market trends, and continued foreign fund outflows.

US to end Russia, Iran oil waiver; India to feel heat

US to end Russia, Iran oil waiver; India to feel heat

Rediff.com16 Apr 2026

The United States has announced it will not renew sanctions exemptions for the purchase of Russian and Iranian oil, ending a 30-day waiver that allowed some countries, including India, to continue importing Russian oil despite sanctions related to the Ukraine war.

China Snaps Up Iran Oil, India Misses

China Snaps Up Iran Oil, India Misses

Rediff.com4 Apr 2026

Indian refiners have access to only limited Iranian volumes compared with Russian oil, and even the barrels on offer come with 'too many hassles'.

Stock Markets Today: Sensex, Nifty50 Open Lower Amid Surging Oil Prices, Foreign Fund Outflows

Stock Markets Today: Sensex, Nifty50 Open Lower Amid Surging Oil Prices, Foreign Fund Outflows

Rediff.com28 Apr 2026

Indian benchmark indices, Sensex and Nifty, opened lower on Tuesday, driven by a surge in global crude oil prices and continued outflows by Foreign Institutional Investors (FIIs), reflecting fragile market sentiment influenced by external factors.

Global Rally Propels Sensex Up 1,695 Points, Nifty Gains 2% on US-Iran Peace Hopes

Global Rally Propels Sensex Up 1,695 Points, Nifty Gains 2% on US-Iran Peace Hopes

Rediff.com1 days ago

Indian benchmark indices, Sensex and Nifty, closed sharply higher, with the Sensex climbing 1,695.40 points and the Nifty surging nearly 2 per cent, driven by a global market rally and a decline in crude oil prices following US President Donald Trump's declaration that his country has ended the war with Iran.

Stock markets today: Sensex, Nifty50 rebound as US-Iran negotiations progress, easing oil price fears

Stock markets today: Sensex, Nifty50 rebound as US-Iran negotiations progress, easing oil price fears

Rediff.com6 May 2026

Indian benchmark indices, Sensex and Nifty, saw a significant rebound in early trade, driven by a decline in crude oil prices. This drop followed US President Donald Trump's announcement of progress in negotiations with Iran towards an agreement to end the war, leading to a temporary pause in 'Project Freedom' to escort ships through the Strait of Hormuz. Track Nifty 50 and BSE Sensex performance and key global triggers.

Relief for India as US renews Russian oil waiver for 30 days

Relief for India as US renews Russian oil waiver for 30 days

Rediff.com18 Apr 2026

The United States has extended a waiver from sanctions to allow countries to buy petroleum products from Russia by a month, days after it ruled out renewal of the special measure.

Recipe: Chef Bali's Avocado Tempura Chaat

Recipe: Chef Bali's Avocado Tempura Chaat

Rediff.com4 days ago

Avocado wedges are fried like tempura and given a punchy, chaat-style dressing with yoghurt, chutney and spices.

US confirms firing 2 Hellfire missiles at Indian vessel

US confirms firing 2 Hellfire missiles at Indian vessel

Rediff.com1 days ago

The US Central Command (CENTCOM) confirmed striking the Guinea-Bissau-flagged oil tanker MT Jalveer, carrying 20 Indian seafarers, in the Gulf of Oman for allegedly violating the US blockade against Iran. This incident marks the third commercial vessel attacked by US forces in the region this week, with three Indian seafarers previously losing their lives in an attack on the MT Settebello.

Indian Equities Surge as Crude Oil Prices Drop, Iran-US Peace Hopes Rise

Indian Equities Surge as Crude Oil Prices Drop, Iran-US Peace Hopes Rise

Rediff.com21 Apr 2026

Indian stock markets extended their gains for a third consecutive day, with the Sensex climbing 753 points and the Nifty closing above 24,550, driven by a drop in crude oil prices and optimism surrounding potential peace talks between Iran and the US.

Indian Markets Extend Losses as Crude Oil Breaches $100 Amid US-Iran Standoff

Indian Markets Extend Losses as Crude Oil Breaches $100 Amid US-Iran Standoff

Rediff.com23 Apr 2026

Indian stock markets experienced a second consecutive day of losses, with the Sensex tumbling 852 points, as crude oil prices surpassed USD 100 per barrel due to stalled US-Iran negotiations and escalating geopolitical tensions in West Asia.

Jalna Factory Raided For Making Fake Ghee, Rs 13 Lakh Stock Seized

Jalna Factory Raided For Making Fake Ghee, Rs 13 Lakh Stock Seized

Rediff.com4 Jun 2026

The Food and Drug Administration (FDA) raided a factory in Jalna, Maharashtra, seizing over Rs 13 lakh worth of suspected adulterated ghee. The unit was allegedly manufacturing fake ghee using edible oil and synthetic essence. Samples have been sent for analysis, and legal action is pending.

Stock Markets Today: Sensex, Nifty Rebound as Geopolitical Tensions Ease

Stock Markets Today: Sensex, Nifty Rebound as Geopolitical Tensions Ease

Rediff.com4 days ago

Indian benchmark indices Sensex and Nifty rebounded in early trade, tracking a recovery in global equity markets and an easing of hostilities between Israel and Iran, after a sharp fall in the previous session.

Rupee falls 34 paise as US-Iran uncertainty fuels crude oil surge

Rupee falls 34 paise as US-Iran uncertainty fuels crude oil surge

Rediff.com22 Apr 2026

The Indian rupee depreciated by 34 paise to close at 93.78 against the US dollar, marking its third consecutive session of decline. This fall is attributed to escalating crude oil prices driven by uncertainty surrounding US-Iran peace talks and fresh attacks in the Strait of Hormuz, alongside significant foreign institutional investor outflows from domestic equity markets.

Sensex, Nifty Rebound as Global Markets Recover, Geopolitical Tensions Ease

Sensex, Nifty Rebound as Global Markets Recover, Geopolitical Tensions Ease

Rediff.com4 days ago

Indian benchmark equity indices Sensex and Nifty closed higher, recovering from previous losses, driven by a global market rebound, a pause in Israel-Iran hostilities, and a rally in bank stocks.

Stock Markets Today: Sensex, Nifty50 Dive as Oil Prices Surge, Foreign Funds Exit

Stock Markets Today: Sensex, Nifty50 Dive as Oil Prices Surge, Foreign Funds Exit

Rediff.com24 Apr 2026

Indian benchmark indices Sensex and Nifty experienced a significant tumble in early trade, driven by surging global oil prices, continuous outflows by Foreign Institutional Investors (FIIs), and persistent geopolitical uncertainties, particularly in West Asia.

Maa Behen Recipe: Kadaknath Chicken Masala

Maa Behen Recipe: Kadaknath Chicken Masala

Rediff.com2 days ago

With its high iron content, unique black colour, intense flavour profile, Kadaknath chicken is sought after by chefs and gourmands alike.

LPG Cylinder Price Up By Rs 29: Second Hike In 3 Months

LPG Cylinder Price Up By Rs 29: Second Hike In 3 Months

Rediff.com6 days ago

Domestic cooking gas (LPG) prices have increased by Rs 29 per cylinder, marking the second hike in three months due to rising global energy costs. This follows broader fuel price increases for petrol, diesel, and CNG, with state-owned retailers still incurring significant losses despite the revisions.

Stock markets today: Sensex, Nifty slump on global cues

Stock markets today: Sensex, Nifty slump on global cues

Rediff.com5 days ago

Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring a sharp decline in global equities and a fresh spike in crude oil prices, exacerbated by simmering tensions in West Asia and a global unwinding of the AI-led rally. Track how sensex, Nifty fared on June 8.

Recipe: Chef Bali's Roasted Broccoli-Feta Fagottini With Avocado Tuille

Recipe: Chef Bali's Roasted Broccoli-Feta Fagottini With Avocado Tuille

Rediff.com5 days ago

This pasta dish consists of a feta-broccoli stuffed pasta -- choose your shape -- that has an unusual avocado yeast sauce dribbled over it. It is served up with a dollop of pumpkin foam, a thin avocado wafer and a drizzle of truffle oil.

Aviation Stocks Soar on US-Iran Ceasefire, Oil Price Plunge

Aviation Stocks Soar on US-Iran Ceasefire, Oil Price Plunge

Rediff.com8 Apr 2026

Aviation stocks experienced a significant surge following the announcement of a two-week ceasefire between the US and Iran, which led to a sharp decline in crude oil prices. This development has positively impacted stock markets and the broader economic outlook for India.

India, Venezuela vow long-term energy tie-up

India, Venezuela vow long-term energy tie-up

Rediff.com4 Jun 2026

India's procurement of Venezuelan crude oil has picked up momentum since April and the South American nation has already emerged as the third largest oil supplier to the country.

After 3 deaths in ship attacks, India summons US envoy for second time

After 3 deaths in ship attacks, India summons US envoy for second time

Rediff.com21 hours ago

India has summoned the US charge d'affaires for the second time this week to protest American Navy strikes on three commercial vessels off the coast of Oman, which resulted in the deaths of three Indian crew members. New Delhi has demanded an end to these attacks, acknowledging that the US Navy targeted the ships, some of which were reportedly non-compliant with US sanctions.

Govt restricts bulk petrol, diesel purchases from retail pumps

Govt restricts bulk petrol, diesel purchases from retail pumps

Rediff.com1 days ago

The Indian government has restricted industrial, commercial, and institutional users from purchasing petrol and diesel from retail petrol pumps, directing them to bulk sale points instead. This move, which can last up to 90 days, aims to address abnormal demand growth and prevent localised shortages caused by a significant price difference between retail and bulk fuel prices.

3rd vessel with Indians hit by US Navy, all crew members evacuated

3rd vessel with Indians hit by US Navy, all crew members evacuated

Rediff.com1 days ago

India has expressed 'deep worry' and strongly protested to the US after three merchant ships carrying Indian crew members came under attack from the American military off the coast of Oman in four days, resulting in the deaths of three Indian seafarers.

Flex fuel to be sold at 5,000 outlets by end of next year

Flex fuel to be sold at 5,000 outlets by end of next year

Rediff.com5 Jun 2026

Oil-marketing companies (OMCs) are set to significantly expand the sale of flex fuel (E85) across India, with plans to reach 5,000 outlets in major cities by the end of next year, according to Petroleum Minister Hardeep Singh Puri. This move aims to boost ethanol demand, reduce crude oil imports, and cut carbon emissions, coinciding with the launch of India's first flex-fuel vehicles by Maruti Suzuki and Hero MotoCorp.

Maruti Suzuki launches India's first flex-fuel Wagon R, boosting ethanol adoption

Maruti Suzuki launches India's first flex-fuel Wagon R, boosting ethanol adoption

Rediff.com4 Jun 2026

Maruti Suzuki India Ltd has launched the Wagon R, India's first flex-fuel car, capable of running on any blend of ethanol and petrol from E20 to E100, aligning with national energy security and sustainability goals.

Oil Price Tumbles as US-Iran Ceasefire Eases Geopolitical Tensions

Oil Price Tumbles as US-Iran Ceasefire Eases Geopolitical Tensions

Rediff.com8 Apr 2026

Crude oil prices experienced a significant drop following the announcement of a US-Iran ceasefire and the reopening of the Strait of Hormuz, leading to heavy selling by traders.

PM has to speak up: Rahul Gandhi on 3 Indians killed in US strikes

PM has to speak up: Rahul Gandhi on 3 Indians killed in US strikes

Rediff.com1 days ago

Congress leader Rahul Gandhi has strongly criticised Prime Minister Narendra Modi for his silence on the deaths of three Indian seafarers in US military strikes on commercial vessels, calling Modi a 'compromised PM' who lacks the courage to confront those responsible.

Recipe: Bethica's Banjara Mutton

Recipe: Bethica's Banjara Mutton

Rediff.com5 Jun 2026

Bethica Das perfects a rustic mutton dish from Rajasthan. Her Banjara Gosht references the Banjara community known for a distinctive style of cooking.

Crude Oil Hits Record High as US-Iran Tensions Escalate

Crude Oil Hits Record High as US-Iran Tensions Escalate

Rediff.com7 Apr 2026

Crude oil prices have surged to record highs due to escalating tensions between the US and Iran, raising concerns about supply disruptions and market volatility.